Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices.
average payment period. Definition. APP. The number of days a company takes to pay off credit purchases. It is calculated as accounts payable / (total annual purchases / 360). Use this term in a sentence. â You should always know how long your average payment period will be so that you can be prepared when the time comes.
The Average. MortgageCalculator.org reports that the benchmark figure for a down payment is 20 percent of the homeâs price. Additionally, the Home Buying Institute estimates the range for an average down payment to be anywhere from 0 to 20 percent.Using those figures as barometers, an average down payment for a home comes in at about 10 percent. But there are no official statistics on average down payments.ost of these home buyers have low or moderate incomes. There is also a grant program in which home buyers can qualify to receive up to $5,000 for a down payment. To qualify, you must make less than 80 percent of your areaâs median income.